Kinder Morgan Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	16,745	14,873	15,157	19,042	16,471
Other Revenue	192	227	177	158	139
Revenue	16,937	15,100	15,334	19,200	16,610
Revenue Growth (YoY)	12.17%	-1.53%	-20.14%	15.59%	41.97%
Cost of Revenue	8,586	7,309	7,745	11,910	8,861
Gross Profit	8,351	7,791	7,589	7,290	7,749
Selling, General & Admin	744	712	668	637	655
Other Operating Expenses	430	381	408	402	419
Operating Expenses	3,627	3,447	3,326	3,225	3,209
Operating Income	4,724	4,344	4,263	4,065	4,540
Interest Expense	-1,801	-1,844	-1,797	-1,513	-1,492
Earnings From Equity Investments	896	840	772	803	591
Currency Exchange Gain (Loss)	69	-34	17	-68	-105
Other Non Operating Income (Expenses)	-19	61	-54	123	181
EBT Excluding Unusual Items	3,869	3,367	3,201	3,410	3,715
Gain (Loss) on Sale of Investments	123	-	-	-75	128
Gain (Loss) on Sale of Assets	-	40	-	-	10
Asset Writedown	-	-	-	-	-1,634
Pretax Income	3,992	3,407	3,201	3,335	2,219
Income Tax Expense	832	687	715	710	369
Earnings From Continuing Operations	3,160	2,720	2,486	2,625	1,850
Minority Interest in Earnings	-104	-107	-95	-77	-66
Net Income	3,056	2,613	2,391	2,548	1,784
Preferred Dividends & Other Adjustments	16	15	14	13	14
Net Income to Common	3,040	2,598	2,377	2,535	1,770
Net Income Growth	16.95%	9.29%	-6.16%	42.83%	1399.16%
Shares Outstanding (Basic)	2,223	2,220	2,234	2,258	2,266
Shares Outstanding (Diluted)	2,223	2,220	2,234	2,258	2,266
Shares Change (YoY)	0.14%	-0.63%	-1.06%	-0.35%	0.13%
EPS (Basic)	1.37	1.17	1.06	1.12	0.78
EPS (Diluted)	1.37	1.17	1.06	1.12	0.78
EPS Growth	16.86%	9.99%	-5.22%	43.93%	1565.24%
Free Cash Flow	2,243	2,944	2,332	2,859	2,880
Free Cash Flow Per Share	1.01	1.33	1.04	1.27	1.27
Dividend Per Share	1.170	1.150	1.130	1.110	1.080
Dividend Growth	1.74%	1.77%	1.80%	2.78%	2.86%
Gross Margin	49.31%	51.60%	49.49%	37.97%	46.65%
Operating Margin	27.89%	28.77%	27.80%	21.17%	27.33%
Profit Margin	17.95%	17.21%	15.50%	13.20%	10.66%
Free Cash Flow Margin	13.24%	19.50%	15.21%	14.89%	17.34%
EBITDA	7,115	6,630	6,455	6,201	6,628
EBITDA Margin	42.01%	43.91%	42.10%	32.30%	39.90%
D&A For EBITDA	2,391	2,286	2,192	2,136	2,088
EBIT	4,724	4,344	4,263	4,065	4,540
EBIT Margin	27.89%	28.77%	27.80%	21.17%	27.33%
Effective Tax Rate	20.84%	20.16%	22.34%	21.29%	16.63%
Revenue as Reported	16,937	15,100	15,334	19,200	16,610

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.